Real estate news & trends
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West Englewood
According to Redfin statistics, the median list price for a home in Englewoodin January was $23,000 and the median price of the 8 Englewood homes sold in January was $12,000. In West Englewood the median list and sold prices in January were $29,000 and $15,000, respectively. Chicago Magazine has a Zillow chart showing Englewood list ...
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Posted by Joe Zekas on February 25, 2013
In a surprise move, Fannie Mae and the Federal Housing Administration, the largest sources of mortgage liquidity in the US housing market, announced Friday that they will no longer purchase or insure mortgage loans originated in Chicago’s Englewood and West Englewood neighborhoods. “Part of our core mission is to help struggling families and stabilize neighborhoods ...
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Posted by Joe Zekas on April 1, 2012
A local community development agency tells you that “Englewood, located seven miles south of Chicago’s Loop, is a community rich in history, strong in character and rising again.” That’s hard to believe. The Englewood / West Englewood neighborhood has few community assets and few locational advantages other than good public transit access. The more than ...
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Posted by Joe Zekas on January 13, 2012
The 2-flat at 6219 S Marshfield Ave in Chicago’s radically depressed West Englewood neighborhood sold just a few months ago for $17,500 after a foreclosure. It’s been “completely rehabbed” according to the listing and is on the market for $249,900. The rehab work described in the listing included a number of items that would have ...
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Posted by Joe Zekas on January 12, 2012
The listing for 6049 S Ada St, in Chicago’s West Englewood neighborhood, says the 2-flat has a newer roof, newer siding, a nice 2-car garage and a nice back deck. The property is said to be 200 feet from a school and on a very quiet block which also hosts two police stations. The current ...
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Posted by Joe Zekas on August 30, 2011
For one Pilsen business owner, neighborhood change means that “no one is stealing my flowers.” A Schurz High School student sees Avondale as having “changed from bad to good in the past 30 years. My family and I changed along with the neighborhood.” In West Englewood, a network of block clubs is working to promote ...
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Posted by Joe Zekas on June 13, 2011
Welcome to West Englewood, where the median list price is $49K, the median sold price was $17K last month – and three “fabulous newly constructed spacious all brick 2 story” homes are being offered for over $350K apiece. The 4-bedroom, 2 ½ bath homes are at 5604, 5608 and 5650 S Bishop St. If you’re ...
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Posted by Joe Zekas on December 13, 2010
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